The stock market on November 7, 1988
November 7, 1988, a Monday. The S&P 500 fell 0.86% to close at 273.93. Of 6,139 US stocks that traded, 978 rose and 2,814 fell.
The S&P 500-0.86%closed at 273.93
How big a move#7,334of 24,799 trading days since 1928
$100 in the index since$2,812price only, to September 24, 2026
Stocks that rose978of 6,139; 2,814 fell
Biggest companyInternational Business Machines Corporationby market value that day
Last day of trading for1stock
Biggest rises among the 500 largest companies
| Genentech Inc (DNA) | +5.0% |
| H.F. Ahmanson (AHM) | +3.1% |
| Union Carbide | +2.9% |
Biggest falls among the 500 largest companies
| Bank Of New England Corp (NEBK) | -8.9% |
| Safeco (SAFC) | -4.9% |
| U S Shoe Corp (USR) | -4.5% |
Stock moves count dividends; the index is price only. Market values after 2024 are estimates.
‹ November 4, 1988 · Every November 7 · November 8, 1988 ›
Ask the Lab what came after a day like thisHistory, not advice. How these numbers are made.